View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 15, 2010

HCL bags SGD110m IT infrastructure deal from SGX

To provide infrastructure support and management services including the exchange's Reach initiative

By CBR Staff Writer

IT services provider HCL Technologies has won a five-year IT infrastructure outsourcing agreement worth SGD110m from Singapore Exchange (SGX).

Under the agreement, HCL will provide SGX with infrastructure support and management services including the exchange’s Reach initiative. The SGD250m Reach initiative announced on 3rd June aims to create trading engine, establish a data centre offering co-location facilities and connect trading communities in global financial hubs to Singapore.

Kiran Bhagwanani, SVP and worldwide head of system integration sales, infrastructure services division at HCL Technologies, said "It is our privilege to be associated with SGX as it continues to improve its customer offerings. Our aim is to enable transformation of data centre and network operations at SGX to bring in enhanced efficiency and clear business benefits.

"We have a lineage of long-lasting successful engagements of similar nature that involve critical service propositions. We are equally committed to ensuring superior performance year-on-year for SGX and its members, having been entrusted with the responsibility of managing its large and complex infrastructure."

Mr Bob Caisley, executive vice president and chief information officer at SGX, said: "HCL is an important partner for SGX in enabling the Reach initiative to provide customers with the fastest access to Asia, and in enhancing the efficiency and effectiveness of our operations on a daily basis."

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.